Singapore: India remains a key strategic focus, with momentum building steadily through both inbound and outbound business engagements, said Neil Parekh, chairman of the Singapore Indian Chamber of Commerce and Industry (SICCI). Over the past year, SICCI has hosted multiple Indian delegations in Singapore, including senior government, institutional and university-led groups, creating direct dialogue with…
New Delhi: India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump said on Monday after a phone conversation with Prime Minister Narendra Modi. Trump claimed India will move forward…
On January 30, 2026, President Donald Trump nominated Kevin Warsh, a former Federal Reserve Governor from 2006 to 2011, to succeed Jerome Powell as Chair of the Federal Reserve. Warsh’s term as Chair would begin in May 2026, pending Senate confirmation, which appears likely given Republican control of the chamber. The announcement sent immediate ripples…
Mumbai: Stock market benchmark indices Sensex and Nifty rebounded in early trade on Monday, driven by value-buying in blue-chip firms, after facing a massive drubbing on the Budget day. The 30-share BSE Sensex climbed 302 points to 81,024.94 during initial trade. The 50-share NSE Nifty went up by 59.25 points to 24,884.70. From the Sensex…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday announced measures to boost manufacturing, offered long-term tax incentives for global data centres, and support for agriculture and tourism as she unveiled a Rs 53.5 lakh crore Union Budget for 2026-27, seen as a long-term blueprint for sustaining growth amid rising global risks. Shunning populist measures despite…
Guwahati: Federation of Industry and Commerce of North Eastern Region (FINER) on Sunday termed the Union Budget a “balanced and fiscal-disciplined” and not a populist one. They maintained that it was drafted keeping in mind the “geo-political tensions”, including the Russia-Ukraine war, tariff hikes by the US and “other negativities”. “This is not a populist…
New Delhi: Shares of electronic manufacturing companies rose up to 6 per cent after Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in 2026-27. The stock of Syrma SGS Technology jumped 5.95 per cent to Rs 806.35, Dixon Technologies (India) Ltd climbed 4.21 per cent…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed to set up a Rs 10,000 crore fund to create champion small and medium enterprises (SMEs) to boost the economy. Presenting Union Budget 2026-27, she also proposed a scheme for container manufacturing to create a globally competitive ecosystem. Also, mega textile parks with a focus on…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday said the target for capex will be raised to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal year and announced a slew of measures to boost infrastructure in the country. Presenting the Union Budget for 2026-27 in the Lok…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed incentives of Rs 100 crore for single bond issuance by municipal corporations of more than Rs 1,000 crore. She also announced the restructuring of REC Ltd (formerly Rural Electrification Corporation) and Power Finance Corporation (PFC) as part of the government’s public sector financial institution strengthening. The…
